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Sophon starts the Farming phase, and you can pledge assets to get SOPH

Sophon starts the Farming phase, and you can pledge assets to get SOPH

CointimeCointime2024/06/19 04:10
By:Cointime

Sophon, a modular blockchain based on ZKsync, has announced the start of its Farming phase. Participants can now stake certain assets to earn SOPH. 10% of the total supply of SOPH will be distributed as rewards during the Farming phase, including 6% on Ethereum and 4% on the Sophon mainnet. The initial assets available for staking are BEAM and BEAM/ETH LP, with plans to add more assets soon. Participants can earn Sophon points (SP) based on the length of their staking, activated boosters, and deposit amount, which will qualify them for the SOPH airdrop. The Sophon airdrop is planned to launch in the third quarter.

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